KHD Buzz – Online Impulse Shopping Increasing,  Luxury Brands Struggling and More

KHD Buzz – Online Impulse Shopping Increasing, Luxury Brands Struggling and More

May 18, 2020 Off By Koehler Home Decor

Luxury Retailers Struggling As Their Consumers Cut Back

Across the globe luxury retailers are struggling, even as their physical stores reopen, as it seems even their consumers are looking to save more and spend less in the uncertain times created by COVID-19. Read More

The Retail Industry Brainstorms Reopening Plans

Retail reopenings are starting, but thanks to state differences and unclear government communications it’s a difficult process. A number of retail groups think they may have come up with some effective solutions. Read More

Costco Blames Declining Sales on Social Distancing

Costco reported that their sales for April 2020 were down by 3.3%, largely a result, the company says, of stricter social distancing measures and stay at home orders. Read More

COVID-19 Boosting Online Impulse Shopping

In good news for some retailers a recent report OnePoll found that Americans impulse spending online has increased by 18% from January to April 2020. Read More

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